Deals
MORE Residential, Stockbridge Form $4B SFR Partnership
Build-to-Rent communities in the Sun Belt will be the target of the new venture.
GSA, Morgan Stanley Form Student Housing JV
The partnership is seeded with $1.6 billion in assets.
Stratus Properties Sells Austin Community for $152M
The company completed the property in 2019.
Grosvenor, Hoffman Form JV for DC Development
Thirty percent of the project’s units will be set aside as affordable.
Cardone Capital Buys 4 Florida Properties for $740M
The communities total nearly 1,700 units in the Fort Lauderdale area.
American Landmark Acquires Charlotte Apartments for $126M
The two adjacent properties will be rebranded as one.
Ortsac Buys Orlando-Area Apartments for $124M
Newmark arranged $71 million acquisition financing for the deal.
Jair Lynch Buys Maryland Apartments
Transwestern Real Estate Services represented the sellers in the deal.
Inland Private Capital Corp. Sells 2 for $139M
The firm will use the proceeds to complete a tax-deferred exchange.
Waterford JV Acquires LA-Area Community for $280M
The partners will convert the property to essential housing.